When will DOD be auditable?

In August of 2006 (almost ten years ago) I noted that the Department of Defense could not be audited. It's still the case, as this report from GAO spells out. The major impediments to decent financial management according to the GAO are:

(1) serious financial management problems at DOD that prevented its financial statements from being auditable,
(2) the federal government’s inability to adequately account for and reconcile intragovernmental activity and balances between federal entities, and
(3) the federal government’s ineffective process for preparing the consolidated financial statements.

You really should read the report.